The shareholder in the Hinkley Point C scheme in Somerset has reported a series of financial losses in recent years
Shares in Areva – one of the companies at the heart of Britain’s planned nuclear renaissance – plunged 16% on Wednesday after the company warned it was suspending its financial targets for the next two years.
The French engineering business, which is a shareholder and designer in the Hinkley Point C scheme in Somerset, blamed continuing delays to a flagship atomic power project in Finland, Olkiluoto 3, and a wider slowdown in nuclear work for its difficulties.